Record low interest rates for home loans are on offer from Orange Credit Union

“For almost 60 years, Orange Credit Union has been all about helping people”

Not too long ago, Orange Credit Union (OCU) launched their Financial Fitness Community Challenge.

With over 100 people signed up to the challenge already, taking on the aim of setting money management goals, from understanding savings and spending habits to motivate challengers in getting financially fit just in time for summer.

Now an extension of the challenge has been announced by OCU which is encouraging locals to make the move to their bank due to record low interest rates for people seeking great deals on securing home loans.

“The most common financial goals across our community is people wanting to own their homes sooner. We’ve introduced a new home loan to give locals a better head start,” says Andrew de Graaff, CEO of Orange Credit Union.

“We’re encouraging locals to review their home loan and consider refinancing their loan to us for a better deal while record low interest rates are available which could save people thousands of dollars.”

OCU’s announcement of their new Introductory Essential Home Loan will help community members seeking to get off the rental treadmill, climb the property ladder

and simply get ahead on their mortgage.

With Andrew stating at 1.58% pa 2-year variable and 2.72% pa comparison rate for all new lending with a minimum borrowing amount of $350,000, with no monthly, annual fees and having the ability to make extra repayments with no penalties.

“Our record low Introductory Essential Home Loan is one of the lowest on the

market right now. Available for self-employed professionals, those constructing a home or purchasing land, new home buyers and investors. This is a basic variable home loan with no unwanted frills such as, redraw and mortgage offset with a great low rate to reward savvy savers,” Andrew says.

“It’s your new home so we believe you should have the same low rates whether you choose to live in it or not.”

Even for people who are unsure to take the step towards this direction or people who are currently in a situation where they’re considering refinancing, OCU has them covered with providing specialist advice.

“For almost 60 years, Orange Credit Union has been all about helping people. We understand that buying a home and applying for a home loan can be a daunting experience. Our local lending specialists take the time to explain the process, guiding you all the way through to home loan approval by your side with faster turnaround on decisions when compared to other banks,” Andrew states.

Visit www.orangecu.com.au/watchyoursavingsaddup for Terms & Conditions, lending criteria and fees and charges that apply.

If you think joining the Financial Fitness challenge is something for you to take on? Check it out online to set your money goals in action: www.orangecu.com.au/FinFit

For information, talk to the Orange Credit Union team on 6362 4466.